Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait - 2022

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (CIF) - 2022
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (CIF) - 2022

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $5.2 per unit, declining by -19.4% against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $9.3 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($34 per unit), while the price for Saudi Arabia ($3.8 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (FOB) - 2022

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $9.1 per unit in 2022, reducing by -75.8% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 179% against the previous year. The export price peaked at $66 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($38 per unit), while the average price for exports to Bahrain ($3.2 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait

For the fourth year in a row, Kuwait recorded growth in purchases abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s, which increased by 94% to 539K units in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s soared to $2.8M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A2924481,400119.0%
China8087089678541.9%
Turkey22961.5196116-20.3%
United Arab Emirates23.731.920.225.11.9%
Others21421216741825.0%
Total1,2741,3051,7992,81330.2%

Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Kuwait in 2022:

  1. Saudi Arabia (366.8K units)
  2. China (141.1K units)
  3. United Arab Emirates (6.6K units)
  4. Turkey (3.4K units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait

After two years of decline, shipments abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by 300% to 2.1K units in 2022. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s contracted modestly to $19K in 2022. In general, exports, however, faced a dramatic contraction. The exports peaked at $39K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar9.40.3N/A15.417.9%
BahrainN/A0.5N/A3.3156.9%
Saudi Arabia27.913.019.80.2-80.7%
Spain0.411.6N/AN/A2800.0%
United Arab EmiratesN/A5.0N/AN/A0%
Iran1.2N/AN/AN/A0%
Others0.6N/AN/A0.2-30.7%
Total39.530.419.819.1-21.5%

Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Kuwait in 2022:

  1. Qatar (1046.0 units)
  2. Bahrain (1034.0 units)
  3. Saudi Arabia (6.0 units)
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